Potential + protection for your retirement money

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1 Potential + protection for your retirement money Symetra Edge Plus SM Fixed Indexed Annuity Not a bank or credit union deposit or obligation Not insured by any federal government agency Not FDIC or NCUA/NCUSIF insured Not guaranteed by any bank or credit union May lose value FAM /15

2 Symetra Edge Plus Fixed Indexed Annuity Growth potential plus protection There are plenty of ways to protect your money. The challenge? Protection that doesn t come at the price of some growth potential. Symetra Edge Plus can give you both. Edge Plus, a single premium fixed indexed annuity offered by Symetra Life Insurance Company, can provide higher credited interest than traditional fixed deferred annuities, because the interest you earn is based on the future performance of one or more market indexes. The amount of interest credited is subject to either a cap (upper limit) or a margin (deduction) depending on which index(es) you choose and your purchase payment and earnings are protected by the safety of a floor. These features help Edge Plus protect the money you ve saved, while also giving it some opportunity to grow. 2

3 The basics We ll explain in detail how Edge Plus works. But if you re new to the world of annuities, here s an introduction. What s a fixed deferred annuity? A fixed deferred annuity is a contract issued by a life insurance company. The owner makes a single purchase payment or a series of purchase payments over a period of time and interest on the purchase payment is credited by the insurance company (the accumulation phase). Once the owner has accumulated the amount desired in the contract, he or she may elect to begin receiving periodic annuity payments from the insurance company (the income phase). During the Accumulation Phase: Purchase payments earn interest credited by the insurance company. No less than a guaranteed minimum interest rate though typically more is credited by the insurance company, providing guaranteed growth. The owner s purchase payment is protected. The owner may withdraw part or all of the contract value, but it may be subject to fees and charges. Federal income taxes on earnings are deferred until withdrawn or annuity payments are received during the income phase. During the Income Phase: Annuity payments may be received for a specific number of years, or for the life of a person or the joint lives of two persons. What s a fixed indexed annuity? A fixed indexed annuity (FIA) is a type of fixed deferred annuity in which the insurance company credits interest above the guaranteed minimum interest rate, based at least in part on the positive performance of a market index. This offers FIAs the potential to earn more (or less) than traditional fixed deferred annuities. Depending on the index you choose, there s usually a cap (upper limit) on the amount of interest you can earn in a given period, or a margin (deduction), which is subtracted from the index s performance to determine the amount of interest you can earn in a given period. Generally, the contract value will not decline due to the performance of the index. A FIA is not a security and does not participate directly in the purchase of securities such as stocks or bonds tied to an index. The measurement of index growth may or may not include dividends paid on the stocks represented in the index. Traditional fixed deferred annuities vs. fixed indexed annuities Traditional Fixed Deferred Annuity Fixed Indexed Annuity 1 Guarantees your purchase payment is protected. 2 Your money grows tax-deferred. 3 Access to a portion of your money without surrender charges or penalties. 4 Interest is typically declared and credited each contract year based on changes in the value of an index (subject to a cap or a margin). 5 Your money grows at a fixed interest rate. Only money allocated to the fixed account 6 Offers the potential to earn more (or less) than traditional fixed deferred annuities. 3

4 Symetra Edge Plus Fixed Indexed Annuity The Symetra edge Because indexes may perform differently under similar market conditions, Edge Plus offers indexed account options based on three distinct indexes. A fixed account option completes the package. Your account choices 1 Indexed Accounts Indexed accounts credit interest based on the performance of the index you select. If the index value goes up from the beginning to the end of the interest term, you ll receive interest up to a declared cap (upper limit) or subject to a margin (deduction) that is subtracted from the performance of the index. If the index declines or increases less than the margin you ll never receive less than a floor of 0%. Indexes with caps Index with a margin S&P 500 Index MSCI EAFE Index JPMorgan ETF Efficiente SM 5 Index It is important to note that you cannot invest directly in an index. Caps and margins are explained in more detail on pages 8 and 9. 2 Fixed Account The fixed account provides a fixed, guaranteed interest rate that is declared at the beginning of each annual interest term and will never be less than the guaranteed minimum interest rate shown in your contract. No matter which account(s) you choose, the contract value and any previously credited interest is guaranteed, regardless of market performance. Flexibility to transfer between accounts You can transfer money between your fixed account and/or any indexed accounts at the end of each 1-year interest term. Renewal caps, margins and interest rates Indexed accounts We generally anticipate setting renewal cap and margin rates at or near the initial caps and margin rates during the surrender charge period, but this is dependent on future market conditions and other factors. Renewal caps will never be less than the guaranteed minimum indexed interest cap shown in your contract, and renewal margin rates will never be greater than the maximum rates shown in your contract. Fixed account When the initial guaranteed interest rate period ends, we generally anticipate setting the interest rate at or near the initial fixed account interest rate during the surrender charge period, but this is dependent on future market conditions and other factors. It will never be less than the guaranteed minimum interest rate shown in your contract. A single purchase payment of at least $10,000 is all it takes to get started. 4

5 Your index choices Edge Plus offers interest crediting opportunities based on the performance of a variety of market indexes. S&P 500 Index MSCI EAFE Index JPMorgan ETF Efficiente 5 Index Widely regarded as the best single gauge of the U.S. equities market, this world-renowned index includes 500 leading companies in leading industries of the U.S. economy. Recognized as the pre-eminent benchmark in the U.S. to measure international equity performance, it is comprised of MSCI country indexes that represent developed markets outside of North America, consisting of Europe, Australasia and the Far East. This industry-leading multi-asset class index seeks to generate returns by utilizing a diverse array of exchange-traded funds (ETFs) and a cash index. The index rebalances monthly to create an asset mix with the best recent returns for a given level of risk. Together, Symetra Edge Plus indexed account options provide interest crediting opportunities based on indexes composed of a diverse array of asset classes, including domestic and foreign equities and more. See the index fact sheets for more details. Domestic Equities Foreign Developed Market Equities Emerging Markets Bonds Alternatives Cash S&P 500 Index MSCI EAFE Index JPMorgan ETF Efficiente 5 Index* * The JPMorgan ETF Efficiente 5 Index will not always have allocations to every asset class. For more information, see the index fact sheet. 5

6 Symetra Edge Plus Fixed Indexed Annuity Your indexed interest crediting choices After you decide which index(es) you want, you ll choose how the interest credited to your indexed account(s) is determined: point-to-point or monthly average. Point-to-Point The interest credited to the indexed account is determined by comparing the value of the index at the beginning of the 1-year interest term to its value at the end of the interest term. If the value is higher, the contract will be credited with interest at a percentage rate equal to the index growth, subject to either a cap or margin (depending on which index you choose). Interest Term Start Date End Date Month Monthly Average (Not available with the JPMorgan ETF Efficiente 5 Index) The interest credited to the indexed account is determined by comparing the value of the index at the beginning of the 1-year interest term to its average value during the interest term. If the average value is higher, you will be credited with interest at a percentage rate equal to the index growth, subject to a cap. The average is based on the value of the index on the same day each month (your indexed interest term day) during the 12-month period. Interest Term Start Date End Date Month Example: If the interest term begins on October 14, the average is based on values as of November 14, December 14, etc. through October 14 of the following year. 6 Charts are for illustrative purposes only. Please see pages 4 and 5 for detailed information on crediting interest to the indexed account.

7 Here s how your choices look when you put them all together. You have a total of six account options: five indexed account options, plus a fixed account with a fixed, guaranteed minimum interest rate (see pages 4 6 for more detail). You ll tell us exactly how you want your money allocated at the time of purchase. We ll allocate your purchase payment to the account options you choose on the 7th, 14th, 21st or 28th calendar day of the month, whichever is on or immediately follows the contract date. This date is called the allocation date. If the allocation date falls on a non-business day, we ll allocate your money on the next business day. Between the contract effective date and allocation date, your purchase payment will be held in a fixed holding account earning a fixed rate of interest. And it s flexible. You can transfer your contract value between the fixed account and any indexed account(s) at the end of each 1-year interest term. We ll send you a reminder before the end of the interest term. Any requests to transfer percentages must be received at least five business days before the end of each interest term. Allocating your purchase payment You decide the percentage to allocate to each account, adding up to 100%. Choose just one, two or all six, with a minimum of $2,000 in each account. Indexed account options with caps Indexed account option with a margin (no cap) Fixed account option S&P 500 Point-to-Point MSCI EAFE Point-to-Point S&P 500 Monthly Average JPMorgan ETF Efficiente 5 Point-to-Point Fixed Account % % % % % MSCI EAFE Monthly Average % Your initial indexed interest cap is declared for one year, and is subject to change in subsequent years. Your cap will never be lower than the guaranteed minimum indexed interest cap stated in your contract. Your initial indexed interest margin is declared for one year, and is subject to change in subsequent years. Your margin will never be higher than the maximum margin stated in your contract. Your initial fixed account interest rate is declared for one year, and is subject to change in subsequent years. Your interest rate will never be lower than the guaranteed minimum interest rate stated in your contract. Total 100% Minimum $10,000 purchase payment 7

8 Symetra Edge Plus Fixed Indexed Annuity How floors and caps work With the S&P 500 and the MSCI EAFE Indexed Accounts The safety of a floor The floor prevents your annuity from losing value. If the index value declines from the beginning of an interest term to the end of an interest term, you will receive no interest for that term, but your contract value won t decline. Your purchase payment and any prior credited interest is guaranteed. The reason for a ceiling (cap) Caps limit the amount of indexed interest FIAs can earn in each interest term, allowing insurers to provide the protection of a floor and higher growth potential than is found in many fixed deferred annuities. Here s how caps work: At the beginning of each interest term, we set a cap (maximum) on the interest rate that can be credited to the indexed account at the end of the term. If the change in the index value from the beginning of the interest term to the end of the interest term is positive, you ll receive interest not to exceed the declared cap. Indexed interest is calculated and credited (if applicable) at the end of an annual interest term. Amounts withdrawn from the indexed account before the end of an annual interest term will not receive indexed interest for that term. Caps at work This table illustrates how an Edge Plus indexed account would be credited interest in hypothetical situations when index performance over a one-year interest term was greater than the cap, less than the cap (but positive) or negative. Index performance greater than cap Index performance less than cap Negative index performance Index Performance Cap Rate Interest Credited 10% 5% 5% 2% 5% 2% -5% 5% 0% 8

9 Understanding the JPMorgan ETF Efficiente 5 indexed account The JPMorgan ETF Efficiente 5 Index (JPM ETF Efficiente Index) is designed to be less volatile than the other indexes available in Edge Plus. Because it may be less volatile, we do not impose a cap on the indexed interest you can earn for money allocated to this indexed account. However, it is subject to a margin, which is subtracted from the performance of the index to determine the interest we will credit at the end of the interest term. See the table on the right for examples of how and when the margin would apply. How the margin works This table illustrates how an Edge Plus indexed account would be credited interest in hypothetical situations where the index performance over a one-year interest term was uncapped (as described above) but subject to a margin when the index performance was greater than the margin less than the margin or negative. Volatility and the JPM ETF Efficiente Index The design of the JPM ETF Efficiente Index includes allocations to multiple asset classes and a monthly reallocation process focused on maximizing returns while limiting volatility (an attempt to dampen the up and down movements in the index). With this target volatility design, this index may have more stable performance than a traditional index, although partially at the expense of gains. However, with the target volatility design, this indexed account does not have an associated cap, unlike those described on the prior page. Please note that it is possible to earn more (or less) in this uncapped indexed account when compared to the S&P 500 or MSCI EAFE indexed accounts with caps. See the JPM ETF Efficiente Index fact sheet for more details about the index. Index performance greater than margin Index performance less than margin Negative index performance Index Performance Margin Rate Interest Credited 10% 2.5% 7.5% 2% 2.5% 0% -5% 2.5% 0% The safety of a floor Regardless of how the JPM ETF Efficiente Index performs, your contract value is still protected by the floor. This means your contract value won t decline and your purchase payment and any prior credited interest is guaranteed. 9

10 Symetra Edge Plus Fixed Indexed Annuity Never lose ground Edge Plus hypothetical performance over 7 years * Any interest previously credited, including indexed interest, is locked in at the end of each annual interest term. It can t be lost due to negative index performance during subsequent annual interest terms. $130,000 Edge Plus Contract Value with 5.5% indexed interest cap and floor of 0% S&P 500 Index Accumulation Value $130,696 $120,000 Value $110,000 $100,000 $90, $80,000 $70,000 $60,000 Guaranteed minimum value is $107,214 at the end of year 7 Source: Standard & Poor s, *Please note: Edge Plus became available in It is not possible to invest in an index. S&P 500 Index Accumulation Value Edge Plus Contract Value with 5.5% indexed interest cap and floor of 0% $59,169 $75,896 $84,580 $82,552 $96,296 $121,703 $135,538 $100,000 $105,500 $111,303 $111,303 $117,424 $123,882 $130,696 Cash Surrender Value** $93,800 $98,854 $104,290 $105,292 $112,140 $119,423 $130,696 S&P 500 Index (without dividends) return during this time with allocation date of Dec. 14, 2007: % 28.27% 11.44% -2.40% 16.65% 26.38% 11.37% Hypothetical chart and graph assume $100,000 purchase payment allocated 100% to the S&P 500 Index Point-to-Point indexed account with no prior withdrawals, point-to-point interest crediting method, 7-year surrender charge schedule, and allocation date of Dec. 14, starting in To simplify the example, this chart also assumes a consistent indexed interest cap rate for the 7-year period: 5.5%. We intend to set the renewal cap rate at or near the initial cap rate, but this is dependent on current market conditions. It will never be less than the minimum cap shown in your contract. For comparative purposes, the S&P 500 Index accumulation value shows the value of $100,000 starting on Dec. 14, 2007, and ending on each annual allocation date that corresponds to the allocation date of the Edge Plus contract values shown above, assuming the historical performance of the S&P 500 Index (without dividends) for each period shown. It is not intended to project or predict the future performance of any specific investment. You cannot invest in an index. ** The cash surrender value shown is after the end of the interest term and before the impact of any market value adjustment, if applicable. After the impact of any applicable market value adjustment, the cash surrender value could be less (or more) than the cash surrender value shown. 10

11 Other features and benefits Market value adjustment* If you withdraw money from your contract in excess of the 10% annual free withdrawal limit during the surrender charge period, a market value adjustment (MVA) will apply. The MVA does not apply to the 10% free withdrawal amount. The following are additional details regarding the MVA: The adjustment will be either positive (a credit) or negative (a charge) meaning the cash surrender value will increase or decrease. The adjustment is based on the change in the Barclays US Intermediate Corporate Bond Index Yield between the day the contract was issued and the day the withdrawal is taken. The MVA applies only if you withdraw money from your contract during the surrender charge period. After the surrender charge period, the MVA no longer applies. It may also apply upon death or annuitization, but only if it results in a cash surrender value higher than the contract value that would otherwise be paid. A negative adjustment will never result in receiving less than the guaranteed minimum value. Surrender charges A surrender charge will apply to withdrawals made before the end of the surrender charge period (excluding the 10% annual free withdrawal discussed on page 12). The charge begins at 9% and declines through the surrender charge period (charges may vary by state). See the Edge Plus fact sheet for more information. Guaranteed minimum value Guaranteed minimum values for a $100,000 purchase payment, if held to the end of the surrender charge period, without withdrawals: 5 Years 6 Years 7 Years 8 Years $105,101 $106,152 $107,214 $108,286 Please review your Contract Summary/Statement of Benefit at the time of purchase for specific examples of how surrender charges and the MVA may affect contract and cash surrender values. * MVA does not apply in all states. See the Edge Plus fact sheet for details. You Decide When You Pay Taxes. You won t pay income taxes on any interest credited to your annuity until you actually take out money. You might be in a lower tax bracket at that time, helping you to keep more of what you earned. Applies only to nonqualified annuities. Qualified annuities are subject to required minimum distribution rules. Consult your attorney or tax advisor for more information

12 Symetra Edge Plus Fixed Indexed Annuity Multiple ways to access your money Edge Plus is designed for the long term. The longer it grows untouched, the more money it can earn for you. But we realize that circumstances change, and you may still need access to your money. Free-look period You have 30 days after your purchase to cancel your contract and receive a refund of your purchase payment. 10% annual free withdrawals You can withdraw up to 10% of your contract value each contract year without paying any surrender charges or market value adjustments (MVA). If you withdraw more than 10% annually during the surrender charge period, a surrender charge and MVA will apply on the amount in excess of 10%. Any amounts withdrawn from an indexed account before the end of the interest term will not receive interest for that term. (Indexed interest is only credited at the end of each annual interest term.) Nursing home and hospitalization waiver We ll waive your surrender charges and any MVA if you re confined to a nursing home or hospital for at least 30 consecutive days, and for up to 90 days after your release. If you re confined on or before the contract date, you are not eligible for the waiver until after the first contract year. (Not available in all states. Terms and conditions may vary.) See your Contract Summary/Statement of Benefit for details. Death benefit In the event of your death, your beneficiaries will receive the greater of the contract value (which does not reflect any current surrender charge or MVA) or the cash surrender value (reflecting any applicable surrender charge and MVA). Convert to an income stream Any time after the first contract year and before your 101st birthday, you may convert to an income stream by electing to receive annuity payments during the income phase. (Upon your 101st birthday, you must choose to receive a lump sum or start the income phase.) You may apply all or a portion of your contract value to purchase one of our annuity payment options. You may choose to receive annuity payments for a specific number of months or years, or for your life or the joint lives of you and another person. Payments can be made monthly, quarterly or annually. Annuity payments can have several advantages: Stability and certainty: You can rely on regular, guaranteed payments for periods ranging from five years to a lifetime. Inflation protection: You can choose to have your payments increased by specific amounts each year to help offset the impact of anticipated inflation. These increase amounts can range from 0.10% to 6.5% annually, subject to limitations for annuity payments taken to satisfy required minimum distributions. Tax advantages: For nonqualified contracts, a portion of each annuity payment is a non-taxable return of your purchase payments for federal income tax purposes. Flexibility: You may have all or only a portion of your contract value applied to the purchase of annuity payments. 12

13 Getting started What happens after Symetra receives your purchase payment? If your contract date is not an allocation date, your purchase payment will be held in a fixed holding account earning a fixed rate of interest until the next allocation date, which is the 7th, 14th, 21st or 28th calendar day of the month. If the allocation date falls on a non-business day, we ll allocate your money on the next business day. Every year during the contract period, before the end of each 1-year interest term, you will have an opportunity to make changes to your account allocations. (Please see page 7 for more details.) Growth opportunity with guarantees Edge Plus helps protect the money you ve saved, while giving it some opportunity to grow. For more information, please refer to the Edge Plus Contract Summary/ Statement of Benefit. Talk to your representative to find out if Symetra Edge Plus is right for you. You will find that Symetra Edge Plus Fixed Indexed Annuity adds growth potential and stability to a retirement portfolio. 13

14 Symetra Edge Plus Fixed Indexed Annuity Why Symetra? Symetra is a financially strong, well-capitalized company on the rise, as symbolized by our brand icon the swift. Swifts are quick, hardworking and nimble everything we aspire to be when serving our customers. We ve been in business for more than half a century, operating on a foundation of financial stability, integrity and transparency. Our focus and commitment is to create retirement, benefits and life insurance solutions that customers need and understand. To learn more about Symetra, visit 14

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16 Symetra Edge Plus Fixed Indexed Annuity is an individual single premium fixed indexed deferred annuity with a market value adjustment feature. In Oregon, Symetra Edge Plus Indexed Fixed Annuity is issued as an individual single premium indexed fixed deferred annuity with a market value adjustment feature. Annuities are issued by Symetra Life Insurance Company, th Avenue NE, Suite 1200, Bellevue, WA Contract form number is RSC /14 in most states. In Oregon, contract form number is RSC-0415/OR/NQ2 1/14. Product is not available in all states or any U.S. territory. Annuity contracts have terms and limitations for keeping them in force. Please call your insurance producer or advisor for complete details. Guarantees and benefits are subject to the claims-paying ability of Symetra Life Insurance Company. Symetra Edge Plus Fixed Indexed Annuity has fixed and indexed accounts. Interest credited to indexed accounts is affected by the value of outside indexes. Values based on the performance of any index are not guaranteed and may increase or decrease. The contract does not directly participate in any outside investment. If the contract is being funded with multiple purchase payments, i.e exchanges, funds will be held and the contract will not be issued until all purchase payments have been received. Interest is not credited between the dates the purchase payments are received and the date the contract is issued. Except for the JPMorgan ETF Efficiente 5 Index, the performance of an index does not reflect the payment or reinvestment of dividends. Symetra reserves the right to add or remove any index or indexed interest crediting method options. If any index is discontinued or if the calculation of any index is changed substantially, Symetra reserves the right to substitute a comparable index. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ( SPDJI ), and have been licensed for use by Symetra Life Insurance Company (SLIC). Standard & Poor s, S&P and S&P 500 are registered trademarks of Standard & Poor s Financial Services LLC ( S&P ); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ( Dow Jones ); and these trademarks have been licensed for use by SPDJI and its affiliates and sublicensed for certain purposes by SLIC. Symetra Edge Plus Fixed Indexed Annuity is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, their third party licensors and none of SPDJI, Dow Jones, S&P nor their respective affiliates or third party licensors make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index. The JPMorgan ETF Efficiente SM 5 ( JPM ETF Efficiente Index ) has been licensed to Symetra Life Insurance Company (the Licensee ) for the Licensee s benefit. Neither the Licensee nor Symetra Edge Plus (the Product ) is sponsored, operated, endorsed, recommended, sold or promoted by J.P. Morgan Securities LLC ( JPMS ) or any of its affiliates (together and individually, JPMorgan ). JPMorgan makes no representation and gives no warranty, express or implied, to contract owners in or those otherwise taking exposure to the Product. Such persons should seek appropriate professional advice before making any investment. The JPM ETF Efficiente Index has been designed and is compiled, calculated, maintained and sponsored by JPMS without regard to the Licensee, the Symetra Life Insurance Company th Avenue NE, Suite 1200 Bellevue, WA Symetra is a registered service mark of Symetra Life Insurance Company. Symetra Edge Plus SM is a service mark of Symetra Life Insurance Company. Product or any contract owner. JPMorgan is under no obligation to continue compiling, calculating, maintaining or sponsoring the JPM ETF Efficiente Index. JPMorgan may independently issue or sponsor other indices or products that are similar to and may compete with the JPM ETF Efficiente Index and the Product. JPMorgan may also transact in assets referenced in the Index (or in financial instruments such as derivatives that reference those assets). These activities could have a positive or negative effect on the value of the JPM ETF Efficiente Index and the Product. The Product referred to herein is not sponsored, endorsed, issued, sold or promoted by MSCI, and MSCI bears no liability with respect to any such Product or any index on which such Product is based. The Product contract contains a more detailed description of the limited relationship MSCI has with Symetra Life Insurance Company and any related Products. If the MVA reference rate is not published for a particular day, then Symetra will use the MVA reference rate as of the prior business day. If the MVA reference rate is no longer available or discontinued, then Symetra may substitute another comparable method for determining the MVA reference rate. Symetra Edge Plus is not sponsored, endorsed, sold or promoted by Barclays Capital. Barclays Capital makes no representation or warranty, express or implied, to the owners of the Symetra Edge Plus name or any member of the public regarding the advisability of investing in securities generally or in this product, particularly the ability of the Barclays Capital Indices, including without limitation, the Barclays Capital US Intermediate Corporate Bond Index, to track general bond market performance. Barclays Capital s only relationship to Symetra Life Insurance Company is the licensing of the Barclays Capital US Intermediate Corporate Bond Index which is determined, composed and calculated by Barclays Capital without regard to Symetra Life Insurance Company or the Symetra Edge Plus name. Barclays Capital has no obligation to take the needs of Symetra Life Insurance Company or the owners of this product into consideration in determining, composing or calculating the Barclays Capital US Intermediate Corporate Bond Index. Barclays Capital does not guarantee the quality, accuracy and/or the completeness of the Barclays Capital indices, or any data included therein, or otherwise obtained by Symetra Life Insurance Company, owners of this product, or any other person or entity from the use of the Barclays Capital indices, including without limitation, Barclays Capital US Intermediate Corporate Bond Index, in connection with the rights licensed hereunder or for any other use. Barclays Capital makes no express or implied warranties, and hereby expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the indices, including without limitation, the Barclays Capital US Intermediate Corporate Bond Index or any data included therein. Without limiting any of the foregoing, in no event shall Barclays Capital have any liability for any special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages. Withdrawals may be subject to federal income taxes, and a 10% IRS early withdrawal tax penalty may also apply for amounts taken prior to age 59½. Consult your attorney or tax advisor for more information. Tax-qualified accounts such as IRAs, 401(k)s, etc. are tax deferred regardless of whether or not they are funded with an annuity. If you are considering funding a tax-qualified retirement plan or account with an annuity, you should know that an annuity does not provide any additional tax-deferred treatment of earnings beyond the tax-qualified plan or program itself. However, annuities do provide other features and benefits such as death benefits and annuity payment options. The guaranteed minimum value (GMV) upon surrender, annuitization, or death is 100% of purchase payments accumulated at the nonforfeiture rate each year, less any prior withdrawals or partial annuitization accumulated at the nonforfeiture rate each year, minus any applicable surrender charges. Prior withdrawals are after the effect of any surrender charge and market value adjustment (if applicable). Nonforfeiture rate varies by contract issue date and is not redetermined after issue. Current nonforfeiture rate: 1.00%. Rates are subject to change without notice. Products and services vary by distributor.